Govt considering Rs 1 trn extra borrowing to offset fuel-tax cut: Report

The loss to the exchequer due to the recent excise duty cuts will have to be borne through additional market borrowings, says Bloomberg.

Price rise in fuels will only reflect in April numbers

Price rise in fuels will only reflect in April numbers

India will probably borrow the entire 1 trillion rupees ($12.9 billion) that the government will forgo as revenues due to a cut in gasoline and diesel levies, according to people

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First Published: May 22 2022 | 2:56 PM IST

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